Snapping a three-day losing streak, domestic benchmark indices closed in the green on Friday, led by technological and IT stocks. The Sensex closed at 61729.68 points, up 0.48 percent while the Nifty closed at 18,203.40 points, up 0.41 percent. Meanwhile, here are 8 stocks to buy for an upside of up to 51 percent State [...]
‘Dividend’ is usually defined as the distribution of a company's earnings to its shareholders and is determined by its Board of Directors. Dividends are often been distributed once in three months and the mode of payment could be in cash or in the form of reinvestment in additional stocks of the company. Moreover, an additional [...]
Shares of Carborundum Universal Limited closed at a price of Rs 1,209 on friday and has a market capitalization of Rs 22,810 crores. The scrip has given multibagger returns of approximately 17,758 percent during a long-term period of 20 years ranging from Rs 6.77 in May 2003 to the current price levels. It means that [...]
Undervalued stocks are equity shares that have a market value that is lower than their true intrinsic value. Moreover, the process of investing in such undervalued stocks is called ‘Value Investing’. Listed below are 3 undervalued stocks that investors should keep an eye on: UPL Limited UPL Limited is a global crop protection and seed [...]
Sensex Topper ITC reported its results for the quarter and the year ended March 31, 2023. It had reached a fresh 52-week high of ₹ 433.45 apiece on May 09, 2023, indicating an increase of 67.97% from its 52-week low of ₹ 258.05 that it had reached on June 17, 2022, on the Bombay Stock [...]
Shares of Siyaram Silk Mills Ltd closed at the price of ₹ 568.25 on Friday’s trading session with a 1.11 percent dip. The company has a market capitalization of ₹ 2,673 Cr. Renowned investor Mr. Vijay Kedia owns a 1.08% stake or 5,05,000 shares of the company. Siyaram Silk Mills Ltd is a Textile manufacturing company. [...]
An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. But the six-member panel said there was an evidence of a build-up in [...]
With a market capitalization of Rs 17,550 crores, Gland Pharma Limited’s stock started its trading session today at Rs 1,160, and, as of 10:00 am, the scrip is locked in the 20 percent lower circuit marked at Rs 1,065.60. Such a sharp movement in the stock prices is observed after the company announced its Q4 [...]
Shares of Refex Industries, a gas distribution company, shot up 20 percent on Friday’s early trades to hit the 20 percent upper circuit. Its shares were locked at ₹ 426.65 apiece on the National Stock Exchange (NSE). This happened after the company reported robust results for the quarter and the year ended on March 31, [...]
Shares of Nazara Technologies Limited opened its trading hour at Rs 592.10 and currently trades at Rs 608, zooming nearly 5 percent as compared to the previous closing price of Rs 580.95. In the last one-month period, the stock has gained around 19 percent ranging from Rs 512.20 to the current price levels. One of [...]